QMC Quantum Minerals (CVE:QMC) Hits New 12-Month Low – Should You Sell?

QMC Quantum Minerals Corp (CVE:QMC) shares hit a new 52-week low on Friday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 49078 shares. The stock had previously closed at C$0.04.

QMC Quantum Minerals Price Performance

The firm’s 50-day moving average price is C$0.06 and its 200 day moving average price is C$0.07. The firm has a market capitalization of C$4.16 million, a price-to-earnings ratio of -11.07 and a beta of 0.02.

About QMC Quantum Minerals

QMC Quantum Minerals Corp., an exploration stage company, engages in the acquisition, evaluation, exploration, and development of resource properties in Canada. The company explores for lithium, copper, nickel, gold, silver, palladium, platinum, and zinc deposits. Its flagship project is the Irgon Lithium Mine property that consists of 22 mineral claims covering an area of approximately 11,325 acres located in Manitoba, Canada. QMC Quantum Minerals Corp. was incorporated in 2003 and is based in Vancouver, Canada.